Albuquerque 1-bedroom rent increases by 4.4% in April

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By Metric Media News Service

Nov 1, 2020

Rental prices for 1-bedroom units in Albuquerque increased by 4.4 percent compared to April of last year, according to Zumper.

The average price for a 1-bedroom in Albuquerque was $710, representing a 1.4 percent increase over the previous month.

According to RealPage, May of 2020 saw the first year over year decline in asking rents since 2010. While in September of 2020, the average home price on Realtor.com was over $350,000, up over 10 percent from the previous year according to Norada.

Single Bedroom Pricing

Metro Area	Median Price	Monthly Change %	Annual Change %
Albuquerque	$710	1.4	4.4

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